Tag Results
News in brief: £1m anti-Jackson ad campaign, Law Society enters The Cube, and more
Tuesday, 3 January 2012Our round-up of other significant news stories includes a law firm using its new PI advertising campaign to highlight its opposition to the Jackson reforms, and the Law Society/SRA moving into swish new Birmingham offices.
Tags: Chartered Institute of Patent Attorneys, Institute of Trade Mark Attorneys, IPReg, Jackson report, Law Society, Legal Aid Sentencing and Punishment of Offenders Bill, Solicitors Regulation Authority
Posted in Latest news, News In Brief, Other lawyers, Solicitors
LSB puts Law Society on report after SRA complains about independence threat
Tuesday, 20 December 2011The Legal Services Board has activated statutory powers that require the Law Society to provide monthly reports on whether it is complying with rules that are meant to ensure the independence of the Solicitors Regulation Authority.
Tags: internal governance rules, Law Society, Legal Services Act, Legal Services Board, Solicitors Regulation Authority
Posted in Latest news, Legal Services Board, Solicitors
Revealed: PwC called in to improve "collaborative working" between Law Society and SRA
Thursday, 15 December 2011The continuing tension between the Law Society and Solicitors Regulation Authority has been exposed by the revelation that the society brought in PwC to help improve “collaborative working” between the two – but that the SRA has rejected some of the accountants’ recommendations.
Tags: internal governance rules, Law Society, Solicitors Regulation Authority
Posted in News, Solicitors
LeO fights off first judicial reviews of ombudsman decisions but five more are in the wings
Wednesday, 14 December 2011The Legal Ombudsman has successfully fought off two judicial reviews against its decisions, with a further five currently going through the court process, Legal Futures can reveal. The SRA has also fought off the two JRs of its new qualified lawyer transfer scheme.
Tags: Legal Ombudsman, qualified lawyers transfer scheme, Solicitors Regulation Authority
Posted in Legal Ombudsman, News, Solicitors
News in brief: Admiral Insurance "eyeing ABS", SRA referral fee summit, Jackson update and more
Wednesday, 14 December 2011Our regular round-up includes reports that Admiral is considering becoming an ABS, the SRA starting work on the referral fee ban, Labour’s latest LASPO amendments, the Information Commissioner mulling powers to force law firm audits, and a warning over getting involved in land-banking.
Tags: ABS, Alternative business structures, ATE insurance, data protection, Legal Aid Sentencing and Punishment of Offenders Bill, referral fees, Solicitors Regulation Authority
Posted in Alternative business structures, Market monitor, News, News In Brief, Solicitors
If you’re scared of OFR, perhaps you haven’t been listening
Tuesday, 13 December 2011Samantha Barrass, executive director of supervision, risk and standards at the Solicitors Regulation Authority, responds to Michaela Hardwicke’s blog last week, The scary new world of OFR, to argue that the SRA has prepared the profession for the new regulatory environment and outlines how it expects to engage with firms in the future.
Tags: OFR, outcomes-focused regulation, Solicitors Regulation Authority
Posted in Blog
SRA warns against "unthinking compliance" with indicative behaviours
Monday, 12 December 2011“Unthinking reliance” on the indicative behaviours in the Code of Conduct is not a risk-free approach to compliance, the Solicitors Regulation Authority has warned. Larger firms should also not appoint their senior or managing partners to the role of compliance office for legal practice.
Tags: COFA, COLP, compliance officer for finance and administration, compliance officer for legal practice, OFR, outcomes-focused regulation, Solicitors Code of Conduct, Solicitors Regulation Authority
Posted in Client care, News, Solicitors
SRA urged to monitor fairness of its decision-making under OFR
Friday, 9 December 2011Decisions taken by the Solicitors Regulation Authority under outcomes-focused regulation need to be urgently monitored to ensure they are fair to ethnic minority lawyers, an internal report has said. The SRA has also provided an update on its online renewal system.
Tags: equality and diversity, OFR, outcomes-focused regulation, Solicitors Regulation Authority
Posted in News, Solicitors
The scary new world of OFR
Thursday, 8 December 2011What do you get when you have 60 solicitors in a room discussing outcomes-focused regulation? You get concern, frustration, cynicism, lack of trust and an overwhelming desire for answers and solutions. There was not only a natural desire to understand and comply with the new regulatory regime but also a huge amount of frustration over the lack of guidance from the Solicitors Regulation Authority.
Tags: OFR, outcomes-focused regulation, Solicitors Regulation Authority
Posted in Blog
Co-op plans immediate ABS application
Thursday, 8 December 2011Co-operative Legal Services has confirmed that it intends to submit its bid to become an alternative business structure on 3 January 2012 – the day the Solicitors Regulation Authority will begin accepting applications.
Tags: ABS, Alternative business structures, Co-op, Solicitors Regulation Authority
Posted in Alternative business structures, Market monitor, News